Another lousy day for the longs as the DJIA is -108, NAZ 26 and the SPX 11.5.
Strongest areas include junk, banks, metals, drugs and biotech while energy, homies, real estate, internets and trannies.
NYSE- 1400 net losers;
NAZ- 700 net losers;
NDX- 8 GREEN;
SPX- 75 GREEN;
VIX- higher by 4% at 30.13 and about 9% over the SMA 10;
Volume light as usual but overwhelmingly to the down side.
Looking for the SMA 200 on the SPX too hold- so if we get lower looking to buy that dip.